Rumble (RUM) - Net Assets

Net assets on the balance sheet as of December 2024 : -£48.23 Million

According to Rumble's latest financial reports the company has -£48.23 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rumble - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.19 B	-29.65%
2022-12-31	$£0.28 B	1147.88%
2021-12-31	$£22.49 M	-9094.37%
2020-12-31	$-£0.26 Million	-158.59%
2019-12-31	$£0.42 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Rumble (RUM) - Net assets